German solar car firm Sono Motors files for US IPO

German solar car firm Sono Motors on Friday filed for a U.S. initial public offering (IPO), looking to cash in on investor demand as governments worldwide push for a shift to greener transport.
Reuters reported https://www.reuters.com/article/us-sono-motors-ipo-idUSKBN2B71TA in March that Sono is exploring a U.S. stock market listing that may value the company at more than $1 billion, citing people close to the matter.
Sono was founded in 2016 by four friends from a small garage in Munich, and is developing the Sion, a fully-electric vehicle that has solar cells integrated into its bodywork. The car has a range of up to 305 kilometers (189.52 miles) and can be charged via solar power or from conventional power outlets.